Strategy
for the 2nd Quarter 2014
Purchase up to $9 billion (par value) of Treasury securities with maturity dates between September 30, 2014, and December 31, 2019, subject to the following additional provisions: all newly purchased securities will be designated as available-for-sale (AFS); and no more than $3 billion (adjusted par value) of such securities shall consist of Treasury Inflation-Protected Securities (TIPS).
Strategy
Changes for 3rd Quarter 2014
Purchase up to $9 billion (par value) of Treasury securities with maturity dates between December 31, 2014, and December 31, 2019, subject to the following additional provisions: all newly purchased securities will be designated as available-for-sale (AFS); and no more than $3 billion (adjusted par value) of such securities shall consist of Treasury Inflation-Protected Securities (TIPS).
Strategy for 2nd Quarter 2014
Maintain an overnight deposit target floor balance within a range of $100 million to $300 million.
Strategically invest the remaining funds in the zero- to 12-month maturity sector.
Strategy Changes for 3rd Quarter 2014
No strategy changes for the third quarter of 2014.
